About Sprylab
Sprylab is a company based in Berlin (Germany) founded in 2007 by Stephan Heck.. Sprylab has raised $2.16 million across 1 funding round from investors including Sparkasse and MBG Berlin-Brandenburg. Sprylab offers products and services including Platform Development, App Development, Artificial Intelligence, and Technology Innovation. Sprylab operates in a competitive market with competitors including AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, among others.
- Headquarter Berlin, Germany
- Founders Stephan Heck
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.16 M (USD)
in 1 rounds
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Latest Funding Round
$2.16 M (USD), Seed
Mar 23, 2015
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Investors
Sparkasse
& 1 more
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Employee Count
Employee Count
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Products & Services of Sprylab
Sprylab offers a comprehensive portfolio of products and services, including Platform Development, App Development, Artificial Intelligence, and Technology Innovation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for creating digital platforms with frontend and backend.
Development of native, hybrid, and cross-platform mobile apps.
Solutions for analyzing and implementing AI in various industries.
Validation of concepts and development of MVPs for new technologies.
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Head Team
1 people
Sales and Marketing
1 people
Project Team
1 people
Senior Team
1 people
Leadership Team
1 people
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Funding Insights of Sprylab
Sprylab has successfully raised a total of $2.16M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.16 million completed in March 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.2M
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First Round
First Round
(23 Mar 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Seed - Sprylab | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sprylab
Sprylab has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Sparkasse and MBG Berlin-Brandenburg. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Equity capital is provided to small and medium-sized enterprises.
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Founded Year | Domain | Location | |
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Sparkasse is recognized as a leading German savings bank network.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sprylab
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sprylab
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sprylab Comparisons
Competitors of Sprylab
Sprylab operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AKQA, Hancom, AlmavivA, Hedgehog lab and Waracle, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| domain | founded_year | HQ Location |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Mobile apps and IoT solutions are developed across platforms.
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| domain | founded_year | HQ Location |
Offshore enterprise application development and IT consulting services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sprylab
When was Sprylab founded?
Sprylab was founded in 2007 and raised its 1st funding round 8 years after it was founded.
Where is Sprylab located?
Sprylab is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Sprylab?
Stephan Heck is the current CEO of Sprylab. They have also founded this company.
Is Sprylab a funded company?
Sprylab is a funded company, having raised a total of $2.16M across 1 funding round to date. The company's 1st funding round was a Seed of $2.16M, raised on Mar 23, 2015.
What does Sprylab do?
Sprylab was founded in 2007 and is based in Berlin, Germany. IT services are offered, with a focus on outsourced product development and consulting in the software sector. Mobile applications, along with custom backend and frontend solutions, are developed for startups, midsize companies, and large enterprises. Clients including Mercedes-Benz, Die Welt, Heyyo, and T-Systems are supported through these operations.
Who are the top competitors of Sprylab?
Sprylab's top competitors include Hedgehog lab, AlmavivA and AKQA.
What products or services does Sprylab offer?
Sprylab offers Platform Development, App Development, Artificial Intelligence, and Technology Innovation.
Who are Sprylab's investors?
Sprylab has 2 investors. Key investors include Sparkasse, and MBG Berlin-Brandenburg.